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Vietnam's Nghi Son refinery has crude oil for uninterrupted operations until end of May

Vietnam's largest refinery, Nghi Son Refinery and Petrochemical LLC, said on Wednesday that it had secured sufficient crude oil for uninterrupted operations through to the end of May.

  • The closure of the Strait of Hormuz temporarily affected deliveries of crude oil to the refinery earlier this month, but the company "successfully arranged alternative feedstock," NSRP said in a statement.
  • NSRP said it will continue to pursue additional crude and feedstock sourcing to enable higher run rates, without elaborating further.
  • The 200,000-bpd refinery processes crude oil sourced almost entirely from Kuwait.
  • In January it processed the first batch of non-Kuwaiti crude oil.
  • The refinery is 35.1% owned by Japan's Idemitsu Kosan Co, 35.1% by Kuwait Petroleum, 25.1% by Vietnam's state oil firm Petrovietnam and 4.7% by Mitsui Chemicals Inc.

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